Narrow and crowded credit trades could end up 'punishing' investors

Stephanie Baxter
clock

Investors should be wary of crowded credit trades that are too limited in their focus, Hermes Investment Management has warned.

Hermes credit co-head and senior portfolio manager Fraser Lundie said it is important to have a broad and flexible mandate to capture the growing set of opportunities outside the UK and to avoid lo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Nest awards £450m private credit mandate to Crescent Capital

Nest awards £450m private credit mandate to Crescent Capital

Direct lending mandate to invest in secured, first-priority loans to US private companies

Jasmine Urquhart
clock 13 April 2026 • 1 min read
LAPFF backs shareholder resolution at BP as climate risks escalate

LAPFF backs shareholder resolution at BP as climate risks escalate

LGPS body also recommends vote against BP’s chair amid ‘serious governance concerns’

Jonathan Stapleton
clock 09 April 2026 • 2 min read
Schemes urged to integrate UK social bonds within default strategies

Schemes urged to integrate UK social bonds within default strategies

CTI says move would align objectives with measurable social impact

Holly Roach
clock 09 April 2026 • 2 min read
Trustpilot